InvenSense and STMicroelectronics come to their senses
The firms have made a settlement on pending patent litigation
STMicroelectronics and InvenSense have settled all pending proceedings between them and have entered into a patent cross license agreement.
The two companies had instituted various proceedings beginning in May 2012 in the United States District Court for the Northern District of California, the United States District Court for the Eastern District of Texas, the United States Patent and Trademark Office and with the United States International Trade Commission. This settlement and patent cross license resolves all such actions.
Under terms of the settlement, neither ST nor InvenSense has made any admission of liability with respect to such proceedings. Other terms between the parties are confidential.
InvenSense is a provider of MotionTracking sensor system on chip (SoC) and Sound solutions for consumer electronic devices. The company's patented InvenSense Fabrication Platform and patent-pending MotionFusion technology address the emerging needs of many mass-market consumer applications via improved performance, accuracy, and intuitive motion-, gesture- and sound-based interfaces.
InvenSense technology can be found in consumer electronic products including smartphones, tablets, wearables, gaming devices, optical image stabilisation, and remote controls for Smart TVs. The company's MotionTracking products are also being integrated into a number of industrial applications.
ST serves the semiconductor market across the spectrum of sense and power and automotive products and embedded processing solutions.